Heavy criticism surrounding Chill Guy currency after allegations of plagiarism

Chill Guy, which belongs to the memecoin category, has faced severe criticism due to allegations of plagiarism, at a time when its market value is witnessing a noticeable decline.

The story began with the appearance on the cover of a Vietnamese children’s magazine of an image resembling the symbolic character of the currency, which sparked a lot of controversy and accusations of theft of works of art, at a time when its market value dropped to $172 million.

Chill Guy had a maximum market value of $790 million, and has now become the focus of attention and discussion for many currency traders, especially the meme coin.

The discussions intensified when they reached the

The discussion veered into questions about whether the creator, Philip Banks, was inspired by this cover for his work.

The accusations spread widely on the popular social media platform, where users posted an image of the magazine, sparking controversy over the theft of the currency design from the Vietnamese magazine.

Banks responded to these allegations in a post on the X platform titled “Vietnamese Children’s Magazine Reused CGWLKDGAF,” where he denied the criticism and confirmed that his work was the original source.

The Vietnamese magazine Coin 68, which specializes in digital currencies, confirmed that the magazine’s cover artist was inspired by Banks’ artwork, “Chil Gay.”

In a report by Coin68, a series of tweets revealed that someone used Banks’ art to create the cover of a children’s magazine issue.